Plan Snapshot
- Plan Sponsor: Gorman'S Furniture, INC.
- Sponsor EIN: 382232749
- Sponsor Address: 23231 INDUSTRIAL PARK DR,, FARMINGTON HILLS, MI, 48335
- Plan Type: 401(k)
- Total Participants: 47
- Total Assets: $3.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 47 | $3.0M | $0 | $128,389 |
| 2023 | 80 | $3.5M | $0 | $147,304 |
| 2022 | 89 | $3.9M | $0 | $176,972 |